ICICI Prudential Savings Fund Direct Plan Growth
Debt
Direct
Low Duration
NAV: ₹ 504.35 as on 16-05-2024
About the Fund
ICICI Prudential Savings Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rohan Maru, Manish Banthia. This fund is suitable to keep your money safe.
Key Parameters
- ICICI Prudential Savings Fund Direct Plan Growth has ₹18176 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
2071 people have invested ₹ 1.8Cr in ICICI Prudential Savings Fund Direct Plan Growth in the last three months
Overview
 | 0.4% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹18176 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 101.21% |
ICICI Prudential Savings Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
86.3%
AA
13.7%
Sector Allocation
Corporate
53.8%
Government
26.1%
Cash Equivalent
20.1%
Securitize
0%
Top Holdings of ICICI Prudential Savings Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings111
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 8.34% Govt Stock 2033 | 7.81% | -2.8% | |
7.72% Govt Stock 2028 | 4.24% | -4.7% | |
LIC Housing Finance Limited | 3.56% | 0% | |
Small Industries Development Bank Of India | 2.71% | 100% | |
8% Govt Stock 2034 | 2.58% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 18.2K Cr as of Apr'24
- AUM increased by 1.9K Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 5.0% drop in AUM moving from 19.13K Cr to 18.17K Cr.
In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.88% return, outperforming this fund by 0.15% per annum.
In the last 1 year, this fund has outperformed all funds in its category.
In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.46% return, outperforming this fund by 1.39% per annum.
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.4% which is lower than the category average expense ratio of 0.67%.
Peer Analysis
Fund Manager
Rohan Maru
Fund Manager of ICICI Prudential Savings Fund Direct Plan Growth, since 19 September 2013
Top funds managed
Manish Banthia
Fund Manager of ICICI Prudential Savings Fund Direct Plan Growth, since 12 June 2023
Top funds managed
ICICI Prudential Savings Fund Direct Plan Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.81% since inception which is more than its category average return of 4.97%
AUM size ₹18176 Cr
This fund has AUM of ₹18176 Cr which is more than its category average of ₹ 3689 Cr
Expense Ratio 0.4%
This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of ICICI Prudential Savings Fund Direct Plan Growth is ₹504.35 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
ICICI Prudential Savings Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.95% | 3.95% |
1 Year Returns | 7.95% | 7.95% |
3 Years Returns | 19.35% | 6.07% |
5 Years Returns | 38.54% | 6.74% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.4% as on April 2024
₹18176 Cr as on April 2024
8.34% Govt Stock 2033(7.81%), 7.72% Govt Stock 2028(4.24%), LIC Housing Finance Limited(3.56%), Small Industries Development Bank Of India(2.71%), 8% Govt Stock 2034(2.58%) as on April 2024
Corporate(53.76%), Government(26.07%), Cash Equivalent(20.14%) as on April 2024
Yield to Maturity is 7.95 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.9 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 86.27 |
AA | 13.73 |
Rohan Maru, Manish Banthia are the fund managers of ICICI Prudential Savings Fund Direct Plan Growth
The Exit load of ICICI Prudential Savings Fund Direct Plan Growth is 0%